NOT LISTED FOR SALE

1042 E Imperial Ave El Segundo, CA 90245

El Segundo Area
8 Beds
6 Baths
4,000 Sq Ft
7,127 Sq Ft Lot

Sale Details

Date Sold: December 29, 2016

Last sale price $1,835,000 $459 Per Sq Ft

209 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Facilities
  • Center Street Elementary Rated A+
  • 7 Car Garage

About This Home

As of December 2016

Incredibly Rare 6 Unit Building on a Large Corner Lot. All units face Center Street. 7 Enclosed Garages! Airport Residential Sound Insulation was completed approximately 5 years ago (New Doors, Windows, Insulation, etc. Over $150,000 in Upgrades). Across from Greenbelt and short walk to Schools and Shopping.

Last Agent to Sell the Property

Bill Ruane

Estate Properties License #00972400 Listed on: 03/21/2016

Estate Properties

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400 Listed on: 03/21/2016

Estate Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,127 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 82
  • Tax Tract Number 15692
  • Assessor Parcel Number 4133032015

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $48
  • Gardener Expense $2,400
  • Insurance Expense $1,961
  • Trash Expense $2,400
  • Water Sewer Expense $1,753
  • New Taxes Expense $22,200
  • Gross Income $10,500
  • Net Operating Income $80,766

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,127 Sq Ft Lot

Parking

7

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1753.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 4133032015
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 458.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7127.00
  • Price Per Lot Square Foot: 259.58
  • Lot Size Acres: 0.1640

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 48.00
  • Gross Income: 10500.00
  • Gross Scheduled Income: 111748.00
  • Insurance Expense: 1961.00
  • Lot Size Area: 7127.0000 Square Feet
  • Net Operating Income: 80766.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 30982.00
  • Rent Control: No
  • Total Actual Rent: 10500.00

Tax Info

  • New Taxes Expense: 22200.00
  • Tax Lot: 82
  • Tax Tract Number: 15692

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2016
Closed on
Dec 20, 2016
Sold by
Bought by
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$1,850,000
Sold Price
$1,835,000
Premium/Discount to List
-$15,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,376,250
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,265,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in El Segundo, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,835,000 Fidelity National Title Co
$1,850,000 None Available
$1,265,012 Fidelity National Title Co
$636,000 Ltc
-- Lawyers
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,295,500
Closed $1,376,250
Previous Owner $1,265,000
Previous Owner $400,000
Previous Owner $300,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2016 12/29/16 Sold $1,835,000 -0.8% $459 / Sq Ft
03/04/2016 03/04/16 For Sale $1,850,000 -- $463 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,574 $2,129,670 $1,160,584 $969,086
2024 $24,032 $2,087,913 $1,137,828 $950,085
2023 $23,407 $2,046,974 $1,115,518 $931,456
2022 $23,661 $2,006,839 $1,093,646 $913,193
2021 $23,350 $1,967,490 $1,072,202 $895,288
2019 $22,569 $1,910,684 $1,040,400 $870,284
2018 $21,221 $1,873,250 $1,020,000 $853,250
2016 $15,168 $1,309,948 $735,228 $574,720
2015 $14,984 $1,290,273 $724,185 $566,088
2014 $14,698 $1,265,000 $710,000 $555,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16047553

California Regional Multiple Listing Service (CRMLS)
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